Singing River retirees file new lawsuit over failed pension. It s not fair, nurse says
Sun Herald (Biloxi, MS)
Apr. 12 Singing River Health System retirees are learning to live on lower pensions than they expected as attorneys continue to press for financial damages from companies they believe are responsible.
A new lawsuit has been filed over the 2014 failure of the SRHS retirement plan, which caught hundreds of retirees and employees by surprise.
Biloxi attorney
KPMG LLC and
Transamerica Retirement Solutions on behalf of 272 members of the retirement plan.
Reeves said in a news release that the companies were paid hundreds of thousands of dollars to help manage and audit the pension plan and to accurately communicate the status of the plan to members.